Dogecoin Weekly Analysis - Range Break Near?
Key Highlights. Dogecoin continued to trade in an important range between 60.0 Satoshis and 51.2 Satoshis. Buyers/sellers waiting for a catalyst to ignite swing moves and break the range. In one of the previous week's analyses, we highlighted a double top pattern on the hourly chart of Dogecoin. There was one more attempt to clear the double top resistance around 60.0 Satoshis, but sellers defended it successfully. However, at the same time, 51.2 Satoshis support area also held downsides a couple of times. We need to see how the technical indicators are aligned for a break of range in the....
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Key Highlights. Dogecoin buyers trying their best to clear an important resistance area at 71.8 Satoshis. A broad range of 65.0-72.0 Satoshis as highlighted in the previous analysis continued to contain buyers and sellers. A break is must if we need to see some action in the short term. If you are considering to trade Dogecoin, then better wait for a convincing break above 72.0 Satoshis to enter a buy trade. Can it break higher? There was a large bearish candle formed on the hourly chart of Dogecoin recently, as highlighted in the weekly analysis. However, sellers failed to capitalize on....
Dogecoin Price Key Highlights. Dogecoin price continued to consolidate and setting up for a huge move in the near term. 0-64.0 Satoshis is a key support area, which is a monster pivot zone for both buyers and sellers moving ahead. Dogecoin price consolidating in a tiny range for this long is a warning sign, and could ignite a solid move ahead. The Dogecoin price does this often as it trades in a small range for some time and then trades or we can say spikes in one direction to surprise traders. This past week the price traded in a tiny range, but there was still no break. We were waiting....
Dogecoin Price Key Highlights. Dogecoin price continued to trade in a tiny range and inside two trend lines on the hourly chart. The upper trend line on the hourly chart is acting as a monster barrier for buyers for more gains. However, as long as the price is above the 50 Satoshis, there are chances of more upsides moving ahead. Dogecoin price continued trade inside a range, and it looks like it is setting for a break in the near term. Break ahead? The Dogecoin price is forming an interesting pattern, which is setting up for a break in the short term. As highlighted in the previous week's....
Dogecoin Price Key Highlights. Dogecoin price stayed in a range, but it looks like the price might head lower in the near term. Sellers are making an attempt to break the range low, if it is cleared more losses are likely. 0 Satoshis is a major support area, which must hold if buyers have to prevent the downside. Dogecoin price is at risk of a break lower, as buyers seem to be struggling to prevent the downside. Downside Break. The Dogecoin price stayed in a range throughout this past week, which prevented moves in one particular direction. However, it looks like sellers might be able to....
Dogecoin Price Key Highlights. Dogecoin price failed once again to break in one direction, and continued to trade in a range. 0 Satoshis on the downside and 68.0 Satoshis on the upside are range support and resistance areas. There are no signs of a break as the price continues to consolidate this week. Dogecoin price failure to break is a worrying sign, and points to a nasty move in the near term. Continuous Range Trading. We are waiting for a break for the last couple of days, but both sellers and buyers failed to take the price higher or lower. It leaves the price trading in a range, and....